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Dec 6, 2012
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it was a way to pay for parts of the healthcare law. they will see the top rates a bump of 3.8% come january 1. that seems unlikely to be changed as part of the fiscal cliff negotiations. you'll still see that surtax on top of that. host: this from twitter. guest: i leave that as it is. host: is that how much it could go up? guest: yes. host: currently it is 35%. go ahead, mark. caller: the previous caller mentioned capital gains -- the recent point about the medicare surcharge to pay for the affordable care act. if he thought it could be a solution to kill both of those birds with one stone. guest: i'm not a health-care expert. host: no problem. we have this from twitter. guest: i believe that is the case. tom in california, go ahead. caller: i have several issues with the estate tax. i am a farmer if it comes back to the normal 1 million exemptions. we work together to build this estate. it wasn't just my parents but it is in my parents' name. i have to pay tax to something i have contributed to. host: help people understand how farme
it was a way to pay for parts of the healthcare law. they will see the top rates a bump of 3.8% come january 1. that seems unlikely to be changed as part of the fiscal cliff negotiations. you'll still see that surtax on top of that. host: this from twitter. guest: i leave that as it is. host: is that how much it could go up? guest: yes. host: currently it is 35%. go ahead, mark. caller: the previous caller mentioned capital gains -- the recent point about the medicare surcharge to pay for the...
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Dec 5, 2012
12/12
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and that's the law of the land and it has been counterproductive. but i hope we can change that. >> do you think we're less free? >> we are going to be less prosperous. and the biggest problem that we face, there is no long-term solution to our long-term debt problem and scaring people from investing in america because they are afraid the longest this goes, the higher likelihood of massive tax increases to pay for it. 20 years ago we may have had more flexibility. there are a lot of countries open and friendly to businesses and firms are finding they would rather be here but if it gets too uncomfortable they will go somewhere else. we need to make sure they stay here or come back. >> behind the curtain, we were told we are going to spend the next couple of years about accomplishments and middle-class agenda and immigration -- >> that's the job of the senators of legislative accomplishments. >> and then after the mid-term election of 2014, after that, you would make a decision about whether to run for president. what would it take for you to run for
and that's the law of the land and it has been counterproductive. but i hope we can change that. >> do you think we're less free? >> we are going to be less prosperous. and the biggest problem that we face, there is no long-term solution to our long-term debt problem and scaring people from investing in america because they are afraid the longest this goes, the higher likelihood of massive tax increases to pay for it. 20 years ago we may have had more flexibility. there are a lot of...
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Dec 5, 2012
12/12
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codification laws do not make any substantive changes to existing law. industries, government agencies, and interested parties commented on the draft of h.r. 6602 before its consideration today. i'm confident this bill will improve our legislative codification system and i encourage my colleagues to support the bill. i reserve the balance of my time. the speaker pro tempore: the gentleman reserves. the gentleman from michigan. mr. conyers: mr. speaker, i yield myself such time as i may consume. the speaker pro tempore: the gentleman from michigan is recognized. mr. conyers: thank you. h.r. 6602 makes revisions in title 36 united states code that are necessary to keep the title current as well as to make technical directions and improvements. h.r. 6602 was prepared by the office of the law revision counsel as part of its ongoing responsibility under 2 u.s.c. section 285-b to prepare and submit to the committee on the judiciary committee -- judiciary one title at a time a complete compilation restatement and revision of the general and permanent laws of th
codification laws do not make any substantive changes to existing law. industries, government agencies, and interested parties commented on the draft of h.r. 6602 before its consideration today. i'm confident this bill will improve our legislative codification system and i encourage my colleagues to support the bill. i reserve the balance of my time. the speaker pro tempore: the gentleman reserves. the gentleman from michigan. mr. conyers: mr. speaker, i yield myself such time as i may consume....
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the documents were requested by news organizations under a colorado freedom of information law. last month, holmes tried to injure himself by ramming his head into his jail cell wall. he was hospitalized with injuries that were called "not serious." a lot of those e-mails were blacked out so even we don't know what's in them at this point. now, there are two court hearings next week scheduled but this course has been delayed so far because of holmes' erratic behave skwror as to what happens next it's anyone's guess. >> pelley: barry, thank you. in egypt, president mohamed morsi has become a lightning rod for protests since he claimed near absolute power for himself. well, there were more violent demonstrations today over a proposed new constitution for egypt and holly williams is there. >> reporter: rival protesters clashed head on today outside cairo's presidential palace. president mubarak's opponents say -- president morsi's opponents say the knew constitution fails to protect basic rights especially those of women. his supporters many conservative muslims, say that's untrue
the documents were requested by news organizations under a colorado freedom of information law. last month, holmes tried to injure himself by ramming his head into his jail cell wall. he was hospitalized with injuries that were called "not serious." a lot of those e-mails were blacked out so even we don't know what's in them at this point. now, there are two court hearings next week scheduled but this course has been delayed so far because of holmes' erratic behave skwror as to what...
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Dec 5, 2012
12/12
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, mohamed morsy, supporters of the muslim brotherhood want a strong president and want more islamic law. his opponents say the president is forcing an islamic agenda down their throat. and today, the two sides clashed. on the door step of egypt's presidential palace, leading clashes, the fighting injured hundreds. the fighting is very fluid, sometimes the anti-morsy demonstrators, those right here will make advances just a few yards then get driven back. there are no police here, they are just two sides facing each other in the streets. as one side advances the other retreats. demonstrators kept police from the scene. there is still mistrust here, during the revolution of hosni mubarak. >> when the egyptian people go out again in the streets, they never go back. they must win, otherwise the muslim brotherhood will destroy egypt. >> reporter: a battle for the soul of the biggest country in the arab word. and tonight, brian, four of president morsy's 22 advisers have resigned in protest, saying president morsy should do more to bring calm here. brian? >> richard engel back here tonight in
, mohamed morsy, supporters of the muslim brotherhood want a strong president and want more islamic law. his opponents say the president is forcing an islamic agenda down their throat. and today, the two sides clashed. on the door step of egypt's presidential palace, leading clashes, the fighting injured hundreds. the fighting is very fluid, sometimes the anti-morsy demonstrators, those right here will make advances just a few yards then get driven back. there are no police here, they are just...
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Dec 5, 2012
12/12
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a problem with lunatic being used in the federal law. and apparently i was the only one here on the floor that didn't have a problem with using the floor lunatic. in fact, it occurred to me that not only should we not use the term lunatic -- and i've eliminated the word lunatic at a time when we are facing national bankruptcy if we don't get serious about our issues, we should also use the term to identify those who want to continue doing business as usual around this town. it's time we got serious. one of the things that would help the administration get serious, because it is a big deal and not because c.b.o. has no clue what it's going to cost as illustrated by $1.1 trillion, $1.6 trillion, and maybe $1.8 trillion. they don't have a clue. they are not allowed to use historic reality, real rules to score. they use fictitious static rule that is just so inaccurate. it would be a joke if it weren't so sad as to what it's done to good legislation. because of the emphasis on tax and all the people that are going to be hit with a tax becaus
a problem with lunatic being used in the federal law. and apparently i was the only one here on the floor that didn't have a problem with using the floor lunatic. in fact, it occurred to me that not only should we not use the term lunatic -- and i've eliminated the word lunatic at a time when we are facing national bankruptcy if we don't get serious about our issues, we should also use the term to identify those who want to continue doing business as usual around this town. it's time we got...
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Dec 6, 2012
12/12
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does it mean it is better than current law? maybe not. but there is agreement that current law, including the fiscal cliff, is not the best way. >> we have our baseline. deficit to gdp? >> did i say that? >> just to be clear -- if you look to the 10-year period on the current base line and get under 1% deficit to gdp in 10 years -- >> because you get seven years of debt reduction under current law. >> if anyone wants to read more, please read the piece on what it takes. i thank you all for being here today. one reason we have to and is these poor people will be so instrumental in getting us out of this mess that we have to get them back to work. >> we only wish that. >> senators, thank you, congressman, thank you. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> we will continue to examine the fiscal cliff with armstrong williams. then the tax writer for cq roll call will take your questions about what is known as tax expenditures. washington journal
does it mean it is better than current law? maybe not. but there is agreement that current law, including the fiscal cliff, is not the best way. >> we have our baseline. deficit to gdp? >> did i say that? >> just to be clear -- if you look to the 10-year period on the current base line and get under 1% deficit to gdp in 10 years -- >> because you get seven years of debt reduction under current law. >> if anyone wants to read more, please read the piece on what it...
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Dec 6, 2012
12/12
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WETA
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i've outlined a very detailed bill that i think most of which at some point in time is going to become law. and the longer we put this off, the deeper the hole gets, so we're trying to focus on how do we get this done now-- >> woodruff: let me ask you about part of your plan. part of it would means test social security, medicare benefits. in order, the benefits would go down for those at the higher income levels. we had the economist paul krugman on the "newshour" last night who said that, you know, not only do the polls show many american oppose, this but he said the benefit you get, the money that would be raised from doing that is really not enough to overcome the pain that he said it would cause lower and middle-income americans. >> well, first of all, it would cause no pain to lower and middle-income citizens because they wouldn't be affected. and i agree, it's only one of the things that needs to occur. it's a small part. there are many manager transformative things that need to happen in social security and medicare and my bill outlines both transformative things to really make them
i've outlined a very detailed bill that i think most of which at some point in time is going to become law. and the longer we put this off, the deeper the hole gets, so we're trying to focus on how do we get this done now-- >> woodruff: let me ask you about part of your plan. part of it would means test social security, medicare benefits. in order, the benefits would go down for those at the higher income levels. we had the economist paul krugman on the "newshour" last night who...
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law enforcement sources say he later made statements implicating himself. newsstand vendor liz willis says she was stunned. >> this morning he came, just like his normal self. i go, oh, that's you. he goes, no, it's not. i said, yes, it is. >> reporter: she said the suspect often did odd jobs for the vendors in the area and had clearly changed his appearance. when she confronted him, ms. willis says he wandered off. >> he shaved his head and everything. he's a lot different. i go, that's you. he goes, no, that's not me. >> leave me [ bleep ] alone. >> reporter: even his voice was familiar, arguing with the victim in the 49th street station moments before witnesses say he shoved him off the platform and into the path of an oncoming q train. neighbors identified the victim as 58-year-old han ki-suk. his funeral is planned for wednesday morning. although she immediately recognized the suspect, in a bizarre twist, liz willis admits she never bothered to tell police. the suspect was apparently taken into custody hours later. >> reporter: you weren't going to tur
law enforcement sources say he later made statements implicating himself. newsstand vendor liz willis says she was stunned. >> this morning he came, just like his normal self. i go, oh, that's you. he goes, no, it's not. i said, yes, it is. >> reporter: she said the suspect often did odd jobs for the vendors in the area and had clearly changed his appearance. when she confronted him, ms. willis says he wandered off. >> he shaved his head and everything. he's a lot different. i...